Bill

Natural Gas

German Households Will Foot the Bill for New Gas Tax

A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to fo…

Nuclear Technology

Bill Gates’ TerraPower Raises $750 Million for Advanced Nuclear Technologies

TerraPower, one of the companies racing to build a small modular reactor (SMR), announced it raised $750 million.

Nuclear Technology

South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech

South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops smal…

Oil Exploration

China Heralds Another Major Oil Discovery

China’s state-run China Petrochemical Group, Sinopec, says it has discovered a massive oilfield in the Tarim Basin, containing 1.7 billion tons of oil reserves…

Solar Power Panel

The $369 Billion Promise That Sent Clean Energy Stocks Soaring

For clean energy stocks, the result has been immediate, with solar stocks, in particular, soaring as soon as it became clear that the bill would be passed.

Solar Power Panel

Canadian Solar Plans US$9 Billion Polysilicon, Cell and Module Factory in China

Canadian Solar plans to build an integrated PV manufacturing plant in Western China, with a capacity of 200,000MT of high-purity polysilicon, 10GW of both cells…

Nuclear Power Plant

French Nuclear Giant Sues Government for $8 Billion

French nuclear giant EDF, forced to sell power to competitors below market value, is now suing the French government for over $8 billion in compensation.

Offshore Wind Power

Vietnam Needs $8 Bln-$14 Bln Power Investment a Year Through 2030 - Minister

Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry m…

Carbon Emissions

California’s Forest Carbon Buffer Pool Found to be Severely Undercapitalized

Researchers have found that California's forest carbon buffer pool, designed to ensure the durability of the state's multi-billion-dollar carbon offset program,…

Carbon Emissions

U.S. Fuel Retailers Rail Against Green Aviation Fuel Tax Credit

U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats' $430 billion spending bill, arguing SAF is more…

Oil Price

Energy Bills Are Set to Soar in the UK

As natural gas prices continue to surge, the average energy bill in the UK is set to soar to nearly £4,000 a year ($4800 USD) in January.

Solar Power Plant

Bill Gates’ Breakthrough Energy Ventures Invests in Automated Solar Construction Company Terabase Energy

US-based start-up Terabase Energy has secured US$44 million in a Series B fundraising round co-led by Bill Gates’ Breakthrough Energy Ventures and venture capi…

Energy Investment

Investment in Renewables Hits Record $226BN Despite Supply Chain Woes

Global investment in renewable energy rose to $226 billion in the first half of 2022, setting a new record for the first six months of a year.

Ultra-high voltage grid

China’s State Grid to Invest $22 Bln in Ultra High Voltage Power Lines -Report

China's State Grid plans to invest more than 150 billion yuan ($22 billion) in the second half of 2022 in ultra high voltage (UHV) power transmission lines.

EU

EU Approves 3-Billion-Euro German Green Heating Scheme

The European Commission said on Tuesday it had approved the German government's 3-billion-euro scheme to support renewable energy and waste heat-based district …